Tadawul nods to Al Rajhi Capital as market maker on Edarat

03/03/2024 Argaam
Logo of Edarat Communication and Information Technology Co.

Logo of Edarat Communication and Information Technology Co.

The Saudi Exchange (Tadawul) approved the request received from Al Rajhi Capital to conduct market-making activities on Edarat Communication and Information Technology Co., listed on Nomu-Parallel Market, as of March 4.

 

The market maker obligations on Edarat are the following:

 

- Minimum Presence of Orders: 50%.

- Minimum Size: SAR 100,000.

- Maximum Spread: 5.00%.

 

Tadawul also said Al Rajhi Capital will be conducting market-making activities as defined in the market-making regulations and procedures.

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